Italian giant Eni released a statement regarding its stake in Saipem saying it’s no longer in line with Eni’s strategy. Eni says that its new organizational structure introduced last July involved a greater focus on the oil & gas business…
The Petroleum Safety Authority Norway (PSA) granted operator Statoil consent to use the Scarabeo 5 mobile drilling facility to plug well 6406/2-R-4 BHT2 permanently and simultaneously drill a new production well, designated 6406/2-R-4-CH…
Norwegian subsea contractor Ocean Installer has opened an office in Brazil stating that the country represents significant growth opportunities in the years ahead. “We have seen the need to establish an office to serve the Brazilian oil and gas market…
Saipem, through its subsidiary ERSAI Caspian Contractor, has been awarded a major new engineering and construction contract in the Caspian region worth US$1 billion. The contract scope includes yard engineering, fabrication and precommissioning activities…
ENI-owned Saipem, UK-based Xodus Group and Japan's Chiyoda Corporation have joined forces to create a new joint venture, Xodus Subsea, focusing on subsea engineering. Xodus Subsea - which will stand alone from the three companies with its own resources and assets - will provide studies…
South Stream Transport, the company charged with overseeing the planning, construction and operation of the South Stream pipeline is ready to start construction on the most complicated part of the project, Gazprom says. Once built, South…
Saipem has secured a new contract for the Perro Negro 7 jackup, currently operating offshore in the Middle East, starting from November 2015 until the end of 2018. Perro Negro 7 is a self-elevating drilling unit capable of operating in water depth up to 375ft…
Celera Support Services has broken into the Middle East market with its largest ever contract win. The firm has landed a £1.5million deal with diving and marine services firm Subtech in Qatar. The Scottish business, which was set up less than three years ago…
China's CNOOC has announced first oil on the US$3.3 billion UK North Sea Golden Eagle Area Development (GEAD). The development, comprising separate production and wellhead platforms and two subsea production systems, is producing about 18…
BMT Scientific Marine Services (BMT), a subsidiary of BMT Group, has been selected by Saipem to supply the riser integrity monitoring systems for Total's Egina development located 150km off the coast of Nigeria. The Egina field, discovered in 2003…
Saipem has been awarded new offshore engineering and construction contracts in the Gulf of Mexico, for a total amount of approximately US$750 million. Pemex has awarded Saipem an engineering, procurement, construction and installation contract for the development of the Lakach field…
Petroleos Mexicanos (Pemex) awarded the Houston-based, Cameron-Schlumberger joint venture OneSubsea, a US$270 million subsea production systems contract for the Lakach deepwater project offshore Mexico. The Lakach project is the first deepwater subsea field to be developed by Pemex…
Brazil’s Petrobras hit a new gas accumulation at the Tanganika well in Block BM-ES-21 located in the Espírito Santo basin, 72km off the coast of the Espírito Santo state. The Cidade de Vitória FPSO. From Saipem…
Saipem awarded BMT Group Ltd. a contract to supply the riser integrity monitoring systems for the Lula Norte and Lula Extremo Sul developments in the Santos Basin pre-salt region, off Brazil. BMT’s subsidiary, BMT Scientific Marine Services…
DeepOcean UK completed work on the Liwan 3-2 development offshore China. The project is part of the Liwan gas project, located 300km southeast of the Hong Kong, and includes the Liuhua 34-2 and Liuhua 29-1 fields. All three fields share a subsea production system…
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